yessssssssssssssssssssssssssssssssssssssssssssss!!
Post# of 74571
https://www.otcmarkets.com/filing/html?id=136...HBXYiurC3h
Page F16
I was confused and ask questions but no one could answer: as to if we were to profit from the green lotus sparkling hemp water....and here it is black and white 350k revenue for the initial 200k cans....does someone has the breakdown of the related cost? (I think it's about 125-150k$ but not certain)
In June 2019 the Company received a $350,000 purchase order from B&B Aesthetics Labs LLC (d/b/a "Green Lotus" to produce two flavors of sparkling hemp water. In July and August 2019 the Company made two deposits totaling $56,632 to a co-packer in anticipation of a 200,000 can production run for Green Lotus. The Company anticipates the production run will occur in late August or early September 2019. The Company will recognize $350,000 in revenue upon the successful completion and delivery of the production run.
In December 2018 the Company received a purchase order and $466,300 deposit from CBD Life to produce two million cans of CBD-infused energy drink. In August 2019 the Company was notified by CBD Life that they have cleared the regulatory challenges with COFEPRIS (a regulatory agency) in Mexico for importing and distributing CBD-infused beverages. As a result, the Company anticipates that CBD Life will fulfill their initial purchase order with the Company for a two million can production by September 30, 2019. The Company will recognize revenue upon the completion and delivery of the production run.
----) and 2 million can production by the end of september